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>meaning scalability issues are largely eradicated I don't know how much you know about the lightning network, but this is _not_ true by any means. LN introduc
by annabellish 9y ago
>meaning scalability issues are largely eradicated
I don't know how much you know about the lightning network, but this is _not_ true by any means. LN introduces a lot of new challenges and is by no means the end of the road.
The naive approach, for example, means your morning coffee actually takes _two_ transactions instead of one, making the problem worse. To take advantage of LN will mean new networks, new organisations, centralised brokers, et cetera.
- dna_polymerase 9y agoWell the largely part may be exaggerated but the Lightning Network offers a solution and a quite promising one for that matter. I may not be a drop-in solution but with so much money circulating there is huge incentives to implement proper payment channels between the right parties what without a doubt will lead to more scalability.
- Goladus 9y agoOr perhaps a tangled web of rent-seeking gatekeepers. It's hard to predict at this point.